Inflation data released by the Australian Bureau of Statistics undershot forecasts.
3 reports, 3 independent
Updated Aug 28
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What happened
Inflation data released by the Australian Bureau of Statistics undershot forecasts.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Hotter-than-expected inflation data released by the Australian Bureau of Statistics.1 source
ABS inflation data undershot forecasts, impacting RBA outlook.1 source
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The entities involved
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Australian Bureau of Statistics
federal statistics and census agency of the Australian Government
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
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Reserve Bank of Australia
central bank of Australia
Related events
- The Reserve Bank of Australia and National Australia Bank have forecast inflation trends in Australia, influenced by the ongoing Middle East conflict.
- The Australian Bureau of Statistics released data on May 27, 2026, analyzing combined capital market trends and inflation data specific to the Brisbane and Queensland areas.
- NAB noted inflation ran hotter than RBA anticipated, affecting market forecasts amid differing Fed expectations.
- Core inflation increased above the RBA target band, based on data released by the Australian Bureau of Statistics.
- ABS inflation data influences RBA policy outlook and prompts commercial banks like ANZ and NAB to adjust their interest rate forecasts.